Modern Mills Co (SAU:2284) Operating Income: ﷼267 Mil (TTM As of Jun. 2026)

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SAU:2284 Modern Mills Co SAU:2284
22 GF Score
Price ﷼27.50
! 5 Warning Signs
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What is Modern Mills Co Operating Income?

Modern Mills Co SAU:2284 +0.36% 22 Operating Income is ﷼267 Mil as of Jun. 2026. GuruFocus rates SAU:2284 with a GF Score™ of 22/100. The stock has 5 warning signs investors should review.

Modern Mills Co's Operating Income for the three months ended in Jun. 2026 was ﷼64 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ﷼267 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Modern Mills Co's Operating Income for the three months ended in Jun. 2026 was ﷼64 Mil. Modern Mills Co's Revenue for the three months ended in Jun. 2026 was ﷼297 Mil. Therefore, Modern Mills Co's Operating Margin % for the quarter that ended in Jun. 2026 was 21.42%.

Modern Mills Co's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Modern Mills Co's annualized ROC % for the quarter that ended in Jun. 2026 was 19.39%. Modern Mills Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 23.20%.


Modern Mills Co  (SAU:2284) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Modern Mills Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=254.436 * ( 1 - 2.8% )/( (1257.521 + 1293.757)/ 2 )
=247.311792/1275.639
=19.39 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1319.438 - 141.117 - ( 100.088 - max(0, 306.459 - 227.259+100.088))
=1257.521

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1312.12 - 81.865 - ( 55.292 - max(0, 258.255 - 194.753+55.292))
=1293.757

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Modern Mills Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=254.556/( ( (1085.056 + max(-87.08, 0)) + (1109.299 + max(-5.789, 0)) )/ 2 )
=254.556/( ( 1085.056 + 1109.299 )/ 2 )
=254.556/1097.1775
=23.20 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.928 + 88.279 + 13.964) - (141.117 + 0 + 73.134)
=-87.08

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.518 + 92.87 + 22.073) - (81.865 + 0 + 63.385)
=-5.789

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Modern Mills Co's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=63.609/296.948
=21.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Modern Mills Co Operating Income Related Terms


Modern Mills Co Operating Income Historical Data

* Premium members only.

The historical data trend for Modern Mills Co's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Modern Mills Co Operating Income Chart

Modern Mills Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Operating Income
269.41 260.79 259.80 258.38

Modern Mills Co Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.34 64.17 63.97 75.65 63.61
SAU:2284
22GF Score
Modern Mills Co SAU:2284
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Mills Co Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼267 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ﷼267 Mil mean?
Modern Mills Co (SAU:2284) has a Operating Income of ﷼267 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Modern Mills Co and its competitors.
Is Modern Mills Co's Operating Income too high?
Modern Mills Co's current Operating Income is ﷼267 Mil. Overall, Modern Mills Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Modern Mills Co's Operating Income compare to KHC and GIS?
Modern Mills Co's Operating Income of ﷼267 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Modern Mills Co and its competitors. Modern Mills Co's current Operating Income is ﷼267 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Mills Co stock overvalued right now?
Modern Mills Co (SAU:2284) has a current Operating Income of ﷼267 Mil. The current Operating Income is ﷼267 Mil. Modern Mills Co's overall GF Score™ is 22/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Modern Mills Co (SAU:2284), the current Operating Income is ﷼267 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Modern Mills Co Business Description

Address Mohammed Altaib Altunisi Street, Alkhalidiah District, Jeddah, SAU, 23421
Modern Mills Co is a company whose licensed activities include flour production in Saudi Arabia and all activities related to the provision of wheat products, animal feed, and related products, including making any contracts or any related arrangements. The company operates in three regions in the Kingdom of Saudi Arabia which are also their reportable segments that include Khamis Mushait, Al Jumum, and Al Jowf. The majority of its revenue is generated from the Khamis Mushait, involves Production of flour and feed. Al Jumum, and Al Jowf involves Production of flour and bran.
22GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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